Re: Small Claims or Attorney?
Member #: 11050
Registered: 1996-2001
Posted:
73
Name:
Anthony Hicks
Name:
Anthony Hicks
Company:
Rite Way Utilities and Network Solutions
Occupation:
Lineman
Location:
Ohio/NC
Personal:
mid 40s
Experience:
~26 years
Yes that is right, That wording is what separates the sovereignty. Also for instance if a person in a business owns a LLC, LTD, INC. the courts aren't going to charge the entire entity for fraud because of the corporate veil. They would name the individual who committed or participated in the fraud as the defendant. On the civil side you would file suit against the entity and not the individual because they are protected civilly by the corporate veil. Lets say for instance it was an accountant committing fraud, causing you not to get paid. He goes to jail and has to pay restitution. His restitution is for damages, because it is the company's responsibility to make sure you are paid for your work. You also sue the company for the work and any other distress. However, if the accountant refuses to pay the restitution, you turn around and sue him for the restitution and interest can be added in civil court. You can also go after his personal assets because once he is convicted he is no longer protected by corporate veil personally.
This is CABL.com posting #342804. Tiny Link: cabl.co/mbBlg
Posted in reply to: Re: Small Claims or Attorney? by EshoreJoe
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